Commercial Real Estate, Hospitality
Hana hotel sold
January 7, 2010 by admin · Leave a Comment
The Hotel Hana Maui is being sold to an unidentified buyer, according to its owner, Ohana Hotel Co.
About 200 employees will be laid off by Ohana as of the closing date, which will be on or about March 26, according to the filing by Ohana’s management company, Arden Grove Hospitality. However, the owners expect the buyer to continue operating the property as a hotel “without interruption.”
The company told the state Department of Labor and Industrial Relations about the pending sale to comply with federal and state plant closing notification laws.
Some employees are represented by the Unite Here Local 5, AFL-CIO union.
Ohana purchased the historic hotel at 5031 Hana Highway in 2001. The resort, opened in 1946, has 70 beachfront acres and 70 rooms.
